US gasoline stocks tighten amid stronger demand, weak refinery runs

A steep decline in refinery utilization and rising demand contributed to a counter-seasonal draw in US gasoline inventories in the week ended Sept. 23, the US Energy Information Administration reported Sept. 28. Nationwide gasoline stocks declined 2.42 million barrels over the period to a 10-month low 212.19 million barrels, the EIA said. The counter-seasonal draw put stocks 6.4% behind the…